TMI Blog2018 (10) TMI 1227X X X X Extracts X X X X X X X X Extracts X X X X ..... the company and at that time official liquidator had not taken over. Liability, if any, cannot operate with retrospective effect. The petitioners are responsible for omissions or commission on behalf of company when the company had not gone into the winding up. Revisional court below has dealt with the arguments raised by the petitioner relying upon the judgment of Supreme Court and Bombay High ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ging Director V.K. Bhargava the petitioner, Shri H.C. Chopra Vice Chairman and Whole Time Director. 3. Mr. M.M. Ranjan, learned Senior Counsel appearing for the petitioner has raised only one argument before this Court to contend that after the company has gone into winding up, and official liquidator has taken charge of the company, the petitioner cannot represent company and official liquidat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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